Jem's Jewelers reported total shareholders' equity of $100,000 on its February 28 balance sheet.During March,the business earned $250,000,and declared and paid a cash dividend of $10,000.What was total shareholders' equity on March 31?

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The Answer of Jem's Jewelers reported total shareholders' equity of $100,000 on its February 28 balance sheet.During March,the business earned $250,000,and declared and paid a cash dividend of $10,000.What was total shareholders' equity on March 31?

Jem's Jewelers Reported Total Shareholders' Equity of $100,000 on Its